Comments by UK government spokesman James Slack
- Reaching a good Brexit deal is in the interests of both the UK and the EU
- Says that Liam Fox is right to say there is a risk of a no-deal outcome
- Government is prepared for all eventualities
- Continues to believe a Brexit deal is the most likely outcome
- White paper was a significant move and now awaiting EU response
- UK is making sure it has the right preparations in the event of a no-deal outcome
Still playing hardball it would seem. Not surprising really, as regardless of the stance she takes there is no winning. The comments here won't do much to change the current rhetoric in sterling though.
Cable now sits at 1.2945 after falling to a low of 1.2935 on the back of broad dollar strength. EUR/GBP continues to hold near the highs at 0.8921 currently while GBP/JPY is at 144.24 having recovered a little off the lows at 144.08 on the day.
